About your Search

20130101
20130131
STATION
CSPAN2 6
FBC 5
CNBC 4
CNNW 2
CSPAN 2
KCSM (PBS) 2
KQED (PBS) 2
CNN 1
KPIX (CBS) 1
KRCB (PBS) 1
MSNBC 1
MSNBCW 1
WHUT (Howard University Television) 1
( more )
LANGUAGE
English 30
Search Results 0 to 33 of about 34 (some duplicates have been removed)
with the ecb to make sure that the euro got through this problem. i was designated to ask you about the banking union. and at that point he was there optimistic. he thought the banking union could be worked on, in place in the first quarter of this year. well, now they've moved it to the first quarter hopefully in 2014 and you still have argument somehow it is going to be done. so you need to put a timeline on this and then you've got to adhere to it. but to get the banking system back with similar regulations throughout the eurozone is absolutelabsolutel absolutely necessary. it is key to the recovery of your. second of all is a plan that he talked about on july 26 in london last year. which is the outright monetary transaction, whereas the ecb would buy bonds from the country's in trouble, along with the european stability mechanism under certain conditions. in other words, certain conditionality. now, the ecb is going to put up that conditionality. they have enough on there. and so it will probably be international monetary fund, but they haven't really agreed what kind of conditionality the
more than 90 billion euros back into greece, spain, and portugal in the final quarter of 2012. that is a jump of 9%. the european central bank president has vowed to save the euro at any price. it is thought to have boosted investor confidence. well, here in germany, consumers are becoming increasingly confident about the future, and as a result, they are spending more money. most importantly, they are spending on big-ticket items and long-term investments like real estate. the record rise in consumer sentiment came after three straight months of decline. >> the latest survey, expectations of higher incomes and declining worries. domestic consumption has been playing a central role. >> germany's traditional -- traditionally known as a nation of savers, but right now, people love to spend. the labor market is robust, financial markets stable, and many consumers feel it is the right time to make big purchases like a new home. that is according to the latest survey of consumer analyst, gfk. respondents have given the overall economic outlook a big thumbs up. >> expectations for t
the european politicians and believing in the euro project, are you? >> well, i was. breaking up, wouldn't be here -- >> you're going to tell me that you're convicted on the aussie/dollar. >> no, i'm not convicted. i'm admitting that i've been wrong. we think aussie is terribly overvalued and that's the problem, frankly. >> good to have you on. plenty more to come from you. the ecb is going to keep its interest rates at a record low today. that's what we expect, anyway. the markets will be listening to the delivery tone of mario draghi's delivery. silvia wadhwa is back at her delivery post. 2013 [ speaking foreign language ]. >> everything is going to stay the same. the ecb hasn't got anything to do right now. they've pretty much said everything on track, probably the best, cheapest intervention they had so far was the program. every month announced again. we stand ready to act, but so far they haven't had to do anything because nobody has asked for an omt program yet. but the market believes that the ecb is there as the backstop. so far, that was very successful. in terms of anything el
. investigators are saying that the bank manipulated the euro bor. it influences interest rates from everything on home mortgages to car loans. deutsche bank is under investigation for manipulating the libor, the more widely used london interbank interest rate. the dax finished within striking distance of two-year highs. our correspondent sent us this summary of the first trading day of the week. it is yet another unfavorable --, it is yet another unfavorable -- >> it is yet another unfavorable report about an investigation into deutsche bank. penalties could be hefty. still, people are quite relaxed. deutsche bank going up for the day. the trading day was relatively quiet and relaxed, but the level remains high. that high level is part of the reason why boom this bank -- the bundesbank says that germans are richer than ever before. half of the wealth -- the growth in wealth was attributable to the enormous rise in share prices. >> the dax finished down by 1/3 of 1%. the euro stoxx 50 pretty much flat. the dow trading down just slightly. the euro trading at a value of 1.3452. well, who is going
yielding 1.5%. as far as currency markets, the euro/dollar at 1.3277. couldn't sustain it over 1.34. some comments saying the euro exchange rate is dangerously high. stepping down, as head of the euro group. they'll decide the success on january 21. dollar/yen, 87.88. and aussie dollar is over 1.0540. we'll bring you up to date with events in asia. we have more from singapore. >> sure, thank you. those asian markets finished in the red. the nikkei suffered its worst daily showing in eight months despite upbeat machinery orders data for november. a rebound in the yen fueled profit-taking in exporters. shares of al nippon airways slipped 1.6% today. and some boeing suppliers such as the battery maker gu uasa tumbled. the shanghai composite pulled back .7% after hitting a 7.5-month high yesterday. developers continued to lose ground after strong gains since q4 last year. this despite talk of delaying the property tax reform due to insufficient planning and law making. >>> in hong kong all eyes on the chief executive's maiden policy speech with a focus on measures to tackle the housing crisis
bankrupt. very soon if the entire country had gone bankrupt. due to the structure of the euro zone where countries without a central bank behind them needed -- bailout of the banks and where the banks needed to continue lending money to bankrupt states, -- there was a domino effect because of the banks that were untrustworthy and the untrustworthy countries that they were associated with. this was the point in which the european union refused to realistically look at the situation. they decided that it was better to act, that it was just a crisis of public debt, and they did not -- instead of accepting that they had a poorly designed a currency union, they decided to implement austerity packages to ponte economies that were on the brink of bankruptcy. securing their default, in this way they created a recession that was not necessary for us to have. and they insisted in doing. at the cost, at great human co cost. and at a terrible cost for democracy. ladies and gentlemen, understanding here before you today, and i'm very sorry, but i'm going to say but i have to say this, none of these l
cliff, is euro going to explode, so many covers of the euro bursting into flames. >> is japan going to get washington, d.c. into the sea or will this incredible debt burden just crush them? and the fact is that for the last four years, all of those risks, every single one has been overstated, overstated by people in the marketplace. emerging markets are actually much more unstable than that and yet. >> they are thought unstable. >> they are responsible to for two-third of the world's growth, about three quarte by e e of the decade, and yet these are countries that are much more volume tile, volatile and much more opaque. >> rose: let's talk about who they include, china, india, brazil, and turkey and -- >> some of them are doing reasonably well, some include the bricks but three of the bricks bricks are facing head wind greater than we have seen in the united states, not brazil, which is developing increasingly becoming more regularized but in the china and russia, and i go back to the beginning. >> ros the risk is what going to hpen to them? >> the risks are different for differen
worried about the euro, the fiscal cliff, saw it as a safe currency. with the rest of the world stabilizing everyone's looking at the u.k.'s underlying fundamentals, no growth, lack of competitiveness, banks talking about weaker sterling. sterling looks vulnerable. >> what happens with the government's finances? the ocd's come out said public spending for 2012, 49% of gdp. it was 49.6% 2011. it was supposed to go down, it went up. >> the gdp numbers were much weaker than expected. we thought there would be a decent recovery in activity. it's than public spending overshot, it's that gdp has undershot. from the ratio point of view you've ended up with a higher level of public spending. >> when you talk it weakness in sterling, what is hsbc saying -- >> against 1.8150. not a huge fall but sterling is one of the weakest of the -- generally soft currencies over the next few months. >> before you go, let's move away from the u.k. just give us your -- your general view of how 2013's going to shape out on a global economy. >> it's a great rotation in the sense that i think we'll see a d
, there is some growing optimism that greece will remain in the euro. the greek stock market has soared over the last year from a little -- from a very low base. transport workers are staging another 24-hour stoppage today. a doctor strike has left hospitals functioning with emergency staff. this comes after the greek finance minister told us that the bbc that he was expressing optimism about the growth outlook. our correspondent tells us why these workers are striking. >> the humanitarian catastrophe that has unfolded here in the last few years is very real. does bear in mind the figures -- just bear in mind the figures. it is staggeringly high unemployment. you have hospitals running out of medicine. schools are running out of textbooks. you have kids who are now having to have food vouchers in schools because their parents cannot afford to feed them. homelessness and poverty are soaring. that is the real cost of greece 's financial crisis, and it is very dramatic inedeed. >> let's move on. some of you think it's too early in the day. it's got to be 6:00 p.m. somewhere. today, half-year re
's a couple of things. he said the victory lap. he said we relaunched the euro in 2012. a lot of talk with chris at this teen legarde in europe today. 2015, talking about this growth in the back half. i think draghi's intentions today were not to mess things up. the general feeling here is that what the ecb has done with the current situation, perhaps created the underlying conditions for growth. >> i hosted a dinner with christine legarde last night. one of the things that came up mario draghi said this morning that maybe we have good fall back into a problem again. >> well, that's a good question. but what we're hearing is this new buzz phrase out of davos, which is gsp. >> what is that? >> global stability put. i think larry summers may have been the one to coin this phrase. i heard it this morning when i met with a bunch of central bankers at a breakfast this morning. this phrase keeps coming up. the idea you have japan, you have the european central bank and you now have the fed obviously full throttle on monetary policy, underpinning and, you know, we meet here now in davos, the
currency. the euro is the alternative and look at the problem they are having there. the dollar has gone down in value by 50% against the euro in the last decade. that's because our debt tripled in that amount of time 1971 the so-called nixon shock of wage and price controls and the gold standard ever since then since there has been dollar inflation. it has been fairly consistent in terms of its value, hasn't it? >> no. it's done with up and down. like i said, it's t. lost a tremendous amount of value against the euro. and the issue is the fed just prints money. it just keeps interest. in for the economy. there is going to be inflation. prohibited oddly enough in richard virginia. there you go. look at these. v.a. is going to spend $22,000 to study a virginia alternative currency. that kind of a waste of taxpayer money? >> you know, in a way it is. the issue is we have had, before we haven't just had the dollar forever. at one point, in 1836, there were every state had its own bank note. and there were 16,000 chartered types of currency. so easy to counterfeit. it d bs didn't work at all
at the currency market. the euro falling through. some traders consider that numbers to be a parish technical breakdown and strength of the dollar. in the grand scheme of things, so much stronger than were was a year ago. gold down right now. twenty-four dollars. the dollar rallies stronger. silver pulling back by $0.55. this on the perception that the fed takes away that punch bowl at some point. sober getting taken down as well. copper also caught in the downdraft. why is the equity market or do much for taking it in stride? let's get to the traders. let's first get to andrew. i am sorry, jonathan. jonathan, if we are talking about what is going on, as far as the trading session is concerned, is this all minutes driven? >> right now, i do not think that is it. we have seen a 2.5 rally each day. investors looking to see if we will get a selloff in this market. we are clearly seeing that. the economic data is supporting this market where it is at right now. the market does feel like it is strong enough. it will hold on what is going on. we should not be panicking. it seems like everything has
exclusive next. ashley: first, look at how the dollar is moves now against foreign currencies. the euro up against the dollar. the pound up against the dollar. euro 1.31 testing recent highs, and meanwhile, up against the green back unless you have the mexican peso, we'll be right back. lauren: i'm lauren green with your fox news minute. stranded after the coast is now under tow. successfully pulled from the island where it ran aground in a vicious storm a week ago. the rig is being toed at four miles per hour approaching the alaska coast where crews can determine if there's damage. shell says no evidence that the vessels' 150,000 gallons of fuel leaked into the ocean. the set dates to hear arguments in two gay marriage cases. california's proposition 8 on same-sex marriage will be heard march 26 #th, and the defense of marriage act is heard the following day on march 27th. new violence in syria after president assad's declaration that he will not step down in a public address, he announced only he dictates the end of the civil war, a 21-month conflict costing more than 60,000 lives so far
the dollar is faring as the market is up 84. the dollar is weaker versus the euro, but stronger versus the pound and the yen. we will be right back. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platformrom charles schwab... tdd#: 1-800-345-25 gives me tools that help mfind opportunities more easily. tdd#: 1-0-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#:
probably years and years to resolve. in the short term, the u.s. you can in the long term, the euro crisis is very substantial. >> let's add one more concern there apparently seems to be new concerns about brazil, a country that is supposed to be the economic dynamo, but now apparently seeing growth slowing. what's happening? >> brazil seeing trouble now. their main export is iron ore to china. with the slowing growth in china, china has now a surplus of iron ore, they are seeing less sales. but brazil has a lot of other things that might be helpful in the long run. they have the presalt oil, which could be billions and billions of barrels of oil that they will start coming on stream in the next five or ten years. they have a very strong agricultural economy. brazil actually, in the last quart earthquake the third quarter, grew much slowerer, .6%, the u.s. grew at 3.1% the third quarter. brazil has a way to go hopefully, able to rebound p >> hopefully indeed. all like to rebound. hal sirkin, a partner at the boston consulting group, oversees foreign markets. thank you very much. >> you're
they might be overwhelming like the euro crisis have been weathered. people from america are optimistic. those from emerging markets more so, but everywhere there is a sense of caution. in pwc's annual global ceo survey released this week, 52% saw no change from the current tepid economic environment. 28% saw decline and 18% said things will get better. it is still an improvement from last year when 48% predicted a decline. the last few years of recovery followed by slow downs of political crisis, of new terror attacks from north africa have made people weary of excessive optimism. things are stable, crises have been contained, there's some growth on the horizon, but no one's ready to declare that we've turned any corners. there are no bulls in davos. no countries taking center stage. one symbol of the mood, the big splashy parties that companies like google used to throw have been quietly discontinued. not that google couldn't afford it, by the way. they just had their first year with $50 billion in revenues. underlying this caution, i believe, is a sense that growth that people had go
feature or for all economists, particularly the advanced economies. force the euro area -- as far as the euro area is concerned, we think that a lot has been achieved in terms of policies, in terms of new tools in the tool box that the europeans have available to fight crisis, yet firewalls have not yet proven operational. progress needs to be made on banking union, and clearly continued if not further monetary easing will be appropriate in order to sustain demand. for the united states, we think that all sides should pull together in the national interest avoiding further avoidable policy mistakes that is failing to agree on increasing the debt ceiling on time and prior to that preferably and reaching agreement on medium-term debt reduction. that i mentioned earlier. for the nonadvanced economies, and i'm putting together the emerging markets as well as the low income countries, clearly those countries are faring at a much better pace in terms of growth. but everywhere i've traveled in the last two months in africa, in latin america and in asia there's always been a concern about
rekonkry. >> we're in a better place than the rest of the world. the euro crisis is not over although it seemed to have been abated. that's going to keep happening. the chinese economy is in bigger trouble than it's been in a long time. so that's worrisome. and so in the u.s., the real problem ultimately is a political problem because our economy is slowly recovering. things are starting to turn around and what could spiral us backward really is if one of these upcoming fights on sequestration or the next debt cellin ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget, corporate companies are holding that money aside. they don't want to reinvest. they're worried about the economy and it's not that helpful. the season reason is because the federal reserve has kept interest rates so, so low that there's almost no other place for people to put their money. so it's less a function of the
. germany uses the troubled euro so some speculate that may be a gold backed the deutsche mark will make a come back. bring the gold home. obviously they are not touching that with a 10 foot pole. the germans are not saying anything about gold back to new deutsche marks. there is chairman nationalism. that a factor. some tabloids have asked whether all their gold really is still in america's for dollars. a german official came to see the gold was not admitted to the vault. maybe they're bringing it back to make sure they really do have it. here is my theory. the germans have had it with apologizing for world war ii, they have added with a southern europe's bill that had it with other people keeping their national treasure. they are taking back 325 tons from france as well. they want to grow up financially and they want everyone to know it and respect it. but then in the back of your mind can you really say gold is useless and has absolutely no place in today's financial system? can you say that? really? [ male announcer ] you are a business pro. executor of efficiency. you can spot an am
and caucuses recalculated. november 6th was the big enchilada and we had this huge network with euros that the research is news networks collect genius in the early voting. in the run-up to the election. we have used election night operation. for the only source for open wide results in many states the only source. as part of that operation, we've stringers in virtually every unit in the country, counties and most places. we have hundreds of people in entry centers, analyst at the data in our news network in the field, so we have a dirty good facility for seeing issues and problems and trends i guess you would say. we have a bias in that we look for things that causes problems with an interest other folks on the panel appeared more interested in things that make to these accounts specifically or affect the accuracy of the count. and we generated make a rule of expecting and preparing for the worse, which is not hard to do as they got ready for this election because we do redistricting year, number one. 10 states in the run-up to the election considered essential tossups, which makes e
of the ice age, what will the intercontinental exchange deal for euro nyse be for trading? lori: federal reserve chairman ben bernanke's term set to expire next year. speculation is mounting who could take over. lou dobbs narrows the field for us next. ♪ . [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his la, which isn't rocket science. it's just common sense. from td ameritrade. lori: here's your fox business brief. coca-cola taking on obesity. the beverage maker is airing two minute ads showing provided drinks with fewer calories over the years and the obesity epidemic is not a result of its drinks but because people are consuming too many calories of any and all kinds. >>> horizons family solution to making it
, particularly the advanced economies. as far as the euro area is concerned, we feel that a lot has been achieved in terms of policies, in terms of new tools in the tool box that europeans have available to fight crisis. yet fire walls have not yet proven operational. progress needs to be made on banking union and clearly continued, if not further monetary easing will be approved in order to sustain demand. for the united states, we think that all sides should pull together in the national interest, avoid further avoidable policy mistakes that is threatening -- that is continuing to agree on the debt ceiling and reaching agreement on the medium term debt reduction that i mentioned earlier. for the non-events economies, i am putting together the emerging markets as well as the [indiscernible] countries. clearly, those countries are fearing a much better case in terms of growth. but everywhere i have travelled in the last few months, in africa, in latin america, and in asia, there has always been a concern about the lack of decisive action to address the advanced economies crises. so those spillove
thing i'm not really afraid of us in this world are the rating agencies. >> only because the euro is so weak, the chinese are where they are. we can't depend on the rest of the world being feckless forever. >> people like me have been saying for five years, don't worry about these deficit things for the time being. they're not an issue. other people have saying imminent crisis, imminent crisis. how many times do they have to be wrong and do people like me have to be right before people start to believe in us? >> you're right until the day you're wrong, and that's a bad day. >> and he's on the sides of buses in spain. there we go. >> he's huge! >> paul krugman. >> thank you so much. >> this is fascinating. you've got to come back. it's great to have such diversity of thoughts. i'm serious. >> come back. >> spirited. >> the book is "end this depression now!" out in paperback. read it. we'll talk about it more. >> you're too early in the morning. >> you think so? >> yeah. >> why? >> the viewers may like it, but i don't. >> class doesn't start this early. >> oh, my goodness. >> we'll have y
feature for all economies, particularly the advanced economies. as far as the euro area is concerned, we feel that a lot has been achieved in terms of policies, in terms of new tools in the tool box that europeans have available to fight crisis. yet fire walls have not yet proven operational. progress needs to be made on banking union and clearly continued, if not further monetary easing will be approved in order to sustain demand. for the united states, we think that all sides should pull together in the national interest, avoid further avoidable policy mistakes that is threatening -- that is continuing to agree on the debt ceiling and reaching agreement on the medium term debt reduction that i mentioned earlier. for the non-events economies, i am putting together the emerging markets as well as the low income countries, clearly, those countries are fearing a much better case in terms of growth. but everywhere i have travelled in the last few months, in africa, in latin america, and in asia, there has always been a concern about the lack of decisive action to address the advanced econom
years and for some reason the jury saw fit to give him nine years of grace. freddie, ma a 21 euros, son of a military man, he had gone to school, was in college, got a 25 year since. he asked his father way he should take a plea, and his father said look, if you're innocent you need to prove, get your day in court and go to trial and prove it. the son took his word, went to trial and got a 25 year sentence instead of a five year plea sends, since he would've gotten had he planned. the stories went on and on, and quickly, i probably most certainly would've done exactly if i had been in the same situation, people start to say we can get a fair trial, we are going to start to take place but to take place but i do have many of you know, but again tv makes it seem like everyone goes to trial. in the federal system over 95% of the cases actually get resolved. very few of them go to trial. in the state system, it's not quite as high but it is still very, very high. and so my clients started to quickly, they weren't my clients get what they started to take pleased to basically prison just becau
Search Results 0 to 33 of about 34 (some duplicates have been removed)